Suppose that $4259 is invested at an interest rate of 18% per year, compounded continuously. What is the account balance after 16 years?

Using LaTeX:  \displaystyle P=P_0e^{kt} gives LaTeX:  \displaystyle P=4259e^{\frac{9 t}{50}} . Evaluating at LaTeX:  \displaystyle t=16 gives LaTeX:  \displaystyle P=75871 dollars.